An Australian foreign exchange trader who used confidential economic data to make dozens of illegal trades was sentenced to seven years and three months in jail on Tuesday, with a judge declaring it the country's worst-ever case of insider trading.
Senior bankers will be presumed guilty until proven innocent under strict new rules proposed by British regulators seeking to hold individuals accountable for bank failures.
Plans to ban branding on cigarette packaging in England passed their final legislative hurdle on Monday after lawmakers in Britain's upper house of parliament approved them, meaning firms will be forced to adopt plain, standardized packets.
President Barack Obama has a stern message for the younger generation about their political priorities: care more about climate change, and less about legalizing marijuana.
